The British pound has more in common with the Colombian peso andthe Polish zloty than you may think.
The rollercoaster ride in the exchange rate over the pastweek—spurred by the latest twists and turns in the Brexitnegotiations—underscores a mounting similarity to anemerging-market currency this year, if volatility is anything to goby.
At 9%, the pound's realized swings against the dollar over thepast 12 months have outpaced all developed-market peers, accordingto data compiled by Bloomberg.
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